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Criteo S.A. (CRTO) Stock Fundamental Analysis & AI Rating 2026

CRTO Nasdaq Services-Advertising Agencies I0 CIK: 0001576427
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
75% Confidence
AGREEMENT
BUY
72% Conf
HOLD
78% Conf

📊 CRTO Key Takeaways

Revenue: $1.9B
Net Margin: 7.4%
Free Cash Flow: $208.5M
Current Ratio: 1.27x
Debt/Equity: 0.00x
EPS: $2.64
AI Rating: BUY with 72% confidence
Criteo S.A. (CRTO) receives a BUY rating with 75% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.9B, net profit margin of 7.4%, and return on equity (ROE) of 12.6%, Criteo S.A. demonstrates strong fundamentals in the Services sector. Below is our complete CRTO stock analysis for 2026.

Is Criteo S.A. (CRTO) a Good Investment?

Claude

Criteo demonstrates solid fundamental strength with healthy profitability metrics, robust free cash flow generation of $208.5M, and minimal debt burden. However, anemic revenue growth of 0.6% YoY is a significant concern that tempers enthusiasm, though net income resilience and strong operating cash flow suggest underlying business quality.

ChatGPT

Criteo shows solid underlying fundamentals with healthy gross profitability, double-digit operating margins, and strong free cash flow generation backed by a very clean balance sheet. However, revenue growth is nearly flat and net income declined slightly year over year, which suggests the business is executing efficiently but not currently delivering strong fundamental growth. The setup looks financially resilient, but the growth quality is mixed and needs clearer acceleration.

Why Buy Criteo S.A. Stock? CRTO Key Strengths

Claude
  • + Strong free cash flow generation ($208.5M, 10.7% FCF margin) exceeding net income indicates high-quality earnings
  • + Excellent financial position with minimal debt ($1.5M), resulting in 0.00x debt/equity and exceptional 479.3x interest coverage
  • + Healthy profitability with 54.0% gross margin, 10.4% operating margin, and 7.4% net margin demonstrating operational efficiency
  • + Solid ROE of 12.6% and ROA of 6.6% show effective capital deployment despite revenue headwinds
ChatGPT
  • + Strong balance sheet with high cash reserves and almost no long-term debt
  • + Healthy profitability profile with 54.0% gross margin and 10.4% operating margin
  • + Robust cash generation with $311.24M operating cash flow and $208.50M free cash flow

CRTO Stock Risks: Criteo S.A. Investment Risks

Claude
  • ! Severe revenue stagnation at 0.6% YoY growth raises questions about market competitiveness and business sustainability in the advertising technology sector
  • ! Net income declined 3.2% YoY despite flat revenue, indicating margin compression pressures requiring monitoring
  • ! EPS growth of 38.9% appears driven by share count reduction rather than operational improvements, masking underlying business challenges
  • ! Modest current ratio of 1.27x and quick ratio of 1.27x indicate limited liquidity cushion for operational needs
ChatGPT
  • ! Revenue growth of just 0.6% indicates limited business momentum
  • ! Net income declined 3.2% year over year despite stable revenue, pointing to earnings pressure
  • ! EPS growth significantly outpaced net income growth, which may indicate improvement driven more by share count effects than core expansion

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and market share in competitive ad-tech landscape
  • * Operating margin sustainability as revenue remains flat
  • * Free cash flow conversion and ability to maintain capital return programs
ChatGPT
  • * Revenue growth and contribution ex-TAC/gross profit trends
  • * Operating margin and free cash flow conversion

Criteo S.A. (CRTO) Financial Metrics & Key Ratios

Revenue
$1.9B
Net Income
$144.6M
EPS (Diluted)
$2.64
Free Cash Flow
$208.5M
Total Assets
$2.2B
Cash Position
$342.0M

💡 AI Analyst Insight

Criteo S.A. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CRTO Profit Margin, ROE & Profitability Analysis

Gross Margin 54.0%
Operating Margin 10.4%
Net Margin 7.4%
ROE 12.6%
ROA 6.6%
FCF Margin 10.7%

CRTO vs Services Sector: How Criteo S.A. Compares

How Criteo S.A. compares to Services sector averages

Net Margin
CRTO 7.4%
vs
Sector Avg 10.0%
CRTO Sector
ROE
CRTO 12.6%
vs
Sector Avg 16.0%
CRTO Sector
Current Ratio
CRTO 1.3x
vs
Sector Avg 1.5x
CRTO Sector
Debt/Equity
CRTO 0.0x
vs
Sector Avg 0.7x
CRTO Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Criteo S.A. Stock Overvalued? CRTO Valuation Analysis 2026

Based on fundamental analysis, Criteo S.A. has mixed fundamental signals relative to the Services sector in 2026.

Return on Equity
12.6%
Sector avg: 16%
Net Profit Margin
7.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Criteo S.A. Balance Sheet: CRTO Debt, Cash & Liquidity

Current Ratio
1.27x
Quick Ratio
1.27x
Debt/Equity
0.00x
Debt/Assets
46.1%
Interest Coverage
479.35x
Long-term Debt
$1.5M

CRTO Revenue & Earnings Growth: 5-Year Financial Trend

CRTO 5-year financial data: Year 2021: Revenue $2.3B, Net Income $90.7M, EPS $1.38. Year 2022: Revenue $2.3B, Net Income $71.7M, EPS $1.16. Year 2023: Revenue $2.3B, Net Income $134.5M, EPS $2.09. Year 2024: Revenue $2.0B, Net Income $9.0M, EPS $0.14. Year 2025: Revenue $1.9B, Net Income $53.3M, EPS $0.88.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Criteo S.A.'s revenue has declined by 14% over the 5-year period, indicating business contraction. The most recent EPS of $0.88 reflects profitable operations.

CRTO Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
10.7%
Free cash flow / Revenue

CRTO Quarterly Earnings & Performance

Quarterly financial performance data for Criteo S.A. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2025 $471.3M $21.3M $0.39
Q1 2025 $450.1M $7.2M $0.12
Q3 2024 $458.9M $6.2M $0.11
Q2 2024 $468.9M -$2.9M $-0.05
Q1 2024 $445.0M $7.2M $0.12
Q3 2023 $446.9M -$6.4M $0.10
Q2 2023 $468.9M -$2.9M $-0.05
Q1 2023 $445.0M -$11.8M $-0.20

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Criteo S.A. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$311.2M
Cash generated from operations
Stock Buybacks
$152.1M
Shares repurchased (TTM)
Capital Expenditures
$102.7M
Investment in assets
Dividends
None
No dividend program

CRTO SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Criteo S.A. (CIK: 0001576427)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 4 xslF345X05/wk-form4_1773751601.xml View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773691717.xml View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773691664.xml View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773691607.xml View →
Mar 3, 2026 4 xslF345X05/wk-form4_1772571946.xml View →

Frequently Asked Questions about CRTO

What is the AI rating for CRTO?

Criteo S.A. (CRTO) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CRTO's key strengths?

Claude: Strong free cash flow generation ($208.5M, 10.7% FCF margin) exceeding net income indicates high-quality earnings. Excellent financial position with minimal debt ($1.5M), resulting in 0.00x debt/equity and exceptional 479.3x interest coverage. ChatGPT: Strong balance sheet with high cash reserves and almost no long-term debt. Healthy profitability profile with 54.0% gross margin and 10.4% operating margin.

What are the risks of investing in CRTO?

Claude: Severe revenue stagnation at 0.6% YoY growth raises questions about market competitiveness and business sustainability in the advertising technology sector. Net income declined 3.2% YoY despite flat revenue, indicating margin compression pressures requiring monitoring. ChatGPT: Revenue growth of just 0.6% indicates limited business momentum. Net income declined 3.2% year over year despite stable revenue, pointing to earnings pressure.

What is CRTO's revenue and growth?

Criteo S.A. reported revenue of $1.9B.

Does CRTO pay dividends?

Criteo S.A. does not currently pay dividends.

Where can I find CRTO SEC filings?

Official SEC filings for Criteo S.A. (CIK: 0001576427) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CRTO's EPS?

Criteo S.A. has a diluted EPS of $2.64.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CRTO a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Criteo S.A. has a BUY rating with 75% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is CRTO stock overvalued or undervalued?

Valuation metrics for CRTO: ROE of 12.6% (sector avg: 16%), net margin of 7.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy CRTO stock in 2026?

Our dual AI analysis gives Criteo S.A. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CRTO's free cash flow?

Criteo S.A.'s operating cash flow is $311.2M, with capital expenditures of $102.7M. FCF margin is 10.7%.

How does CRTO compare to other Services stocks?

Vs Services sector averages: Net margin 7.4% (avg: 10%), ROE 12.6% (avg: 16%), current ratio 1.27 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI